GDPNow - Federal Reserve Bank of Atlanta: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2025 is -2.8 percent on March 3, down from -1.5 percent on February 28.
Private employers added just 77,000 jobs in February, far below expectations, ADP says: Private companies added just 77,000 new workers for the month, well off the upwardly revised 186,000 in January and below the 148,000 estimate, ADP reported
Sphere Entertainment Stock Drops as Firm Says MSG Networks Bankruptcy Possible: Sphere Entertainment said if it can't refinance the regional sports network's debt that came due Oct. 11, "it is probable that MSG Networks and/or its subsidiaries would seek bankruptcy protection or the lenders would foreclose on the MSG Networks collateral securing the credit facilities."
Cutera Takes Steps to Strengthen Financial Foundation and Position the Company for Long-Term Success | Business Wire: Enters into agreement to reduce debt by nearly $400 million and raise $65 million of new money from existing lenders; Implementing pre-packaged financial restructuring plan with strong support of lenders, expected to emerge expeditiously within 60 days
Sunnova Bondholders Hire Counsel Following KKR Deal, Going-Concern Warning - WSJ: The rooftop solar panel company’s bondholders have tapped Akin Gump as they gear up for debt negotiations
